What It Means:

The two sides are believed to continue talks later this month, but it's unlikely that a new deal is reached prior to the World Cup of Hockey (September 17). We likely won't see any updates until a deal is finalized. Bowman gave his thought saying, "I think we've had good luck in the past just keeping the negotiations me, myself. I know Tom Lynn pretty well. I don't think he's going to want to do a volley back and forth in the media. When we have something to announce, you guys will be the first to know." Each side is expected to remain patient, but ultimately it's believed an agreement will be reached. Panarin, who was named the top rookie in the NHL last season by winning the Calder Trophy, is eligible to be a restricted free agent after the 2016-17 season.

The 24 year-old was incredibly productive in his rookie season, posting 30 goals and 77 points in 80 games. He was solid at driving possession as well, posting a 53.0 Corsi For Percentage and 3.0 Relative Corsi For Percentage at Even Strength.